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Aris Mining Corp T.ARIS

Alternate Symbol(s):  T.ARIS.WT.A | CLGDF | ARMN | N.AMNG.NT.U

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.


TSX:ARIS - Post by User

Bullboard Posts
Comment by Moogulon May 03, 2019 5:39pm
181 Views
Post# 29709239

RE:RE:RE:Why is GMP continuously selling?

RE:RE:RE:Why is GMP continuously selling?Good points by all. I didn’t much like the recent debs raise much either and I think they need to try and not do any more in the future especially when they likely could have financed the increased drilling plan with internal cash flow but that is in the past now. Q1 should be big and every quarter they’re are cancelling 5 M debt while still adding cash to the balance sheet so I think these problems go away with continued operational results. It will also screen much nicer once the restructuring costs roll off the 12m trailing earnings in another quarter. 

Basically go from negative eps to positive 1.00 per share... that’s huge. 
Bullboard Posts